The Covid-19 situation has disrupted the lives of many. For some, they lost their health to the virus and are fighting for recovery. For others, they lost their businesses or jobs and are searching for their next move. I have been quite fortunate to not have been disrupted by this pandemic so far. Recently, I…
Straits Times commissioned Milieu Insight, a Singapore-based consumer research firm to carry out. The online survey of around 1,000 respondents aged 16 and above was done from June 5 to 8 with a nationally representative sampling across age, gender and income groups to capture how people’s perceptions of essential workers have changed, if at all,…
In recent news, there was a report about banks experiencing an increase in the number of home loan refinancing applications. This was because banks have lowered their interest rates on loans that are pegged to the Singapore Inter-Bank Offered Rate (SIBOR). SIBOR is the rate at which banks borrow from one another and because of…
I’ve been writing extensively on pursuing the Financial Independence Retire Early (FIRE) movement and working towards retiring by 50 myself. It can be really tiring as my journey remains a work-in-progress with many years to go. Sometimes, I do ask myself whether it’s worth the effort to continue on this journey. If we look at…
The Invest section of The Sunday Times published an article recently, encouraging readers to keep tabs on their cash flow. They also included a Financial Health Test in the article. As I don’t always read newspapers, I only found out about this when Brian Halim wrote about it on his blog, taking the test to…
Has the market correction since February kept you up at night for the past few months? After investing in a bull market for such a long time, some of us may have already forgotten what a bear market looks like. You had two choices. Either sell off your stocks, realise your losses and hoard cash,…